Indicate which type of data analytics, 1 through 4, is described in each of the following statements, a through h.Data Analytics1. Descriptive analytics2. Diagnostic analytics3. Predictive analytics4. Prescriptive analyticsData Analytic StatementAnalyticsa. Analytics focused on why something occurred.Answer 1DescriptiveDiagnosticPredictivePrescriptiveb. Study of key trends and patterns with the purpose of predicting future outcomes.Answer 2DescriptiveDiagnosticPredictivePrescriptivec. Real-time data on customer orders by product item number allowing management to see any suddenAnswer 3DescriptiveDiagnosticPredictivePrescriptivechanges in volume.d. Based on a predicted outcome, three courses of actions are suggested along with potential implicationsAnswer 4DescriptiveDiagnosticPredictivePrescriptiveof each course of action.e. The CFO has a dashboard that updates automatically showing key financial indicators by department.Answer 5DescriptiveDiagnosticPredictivePrescriptivef. Exploring data in order to make correlations.Answer 6DescriptiveDiagnosticPredictivePrescriptiveg. Use of analytics to forecast future demand for manufactured products.Answer 7DescriptiveDiagnosticPredictivePrescriptiveh. Focusing on what should happen versus what could happen.